Payments of the tender consideration for Notes validly tendered
and not withdrawn prior to the expiration date and accepted for purchase will be made promptly after the new expiration date.
Each holder who validly tenders its Notes and delivers consents on or prior to 12:00 midnight, New York City time, on December 26, 2006 will be entitled to a consent payment, which is included in the total consideration above, of $30 for each $1,000 principal amount of Notes tendered
by such holder if such Notes are accepted for purchase pursuant to the tender offer.
The purchase price for Notes that are validly tendered
after the Consent Payment Deadline but on or prior to the Expiration Date will be equal to $1,000.
Payments of the tender consideration for the Notes validly tendered
and not withdrawn on or prior to the expiration date and accepted for purchase will be made pursuant to the Tender Offer Documents.
Under the terms of the tender offer, NewMarket is offering to purchase the outstanding Notes for a total consideration, per each $1,000 principal amount of Notes validly tendered
and accepted for payment, equal to the present value on the date of purchase of all future payments on the Notes to May 1, 2007 (the first date on which the Notes may be redeemed at the option of NewMarket, the "Earliest Redemption Date"), based on the assumption that the Notes will be redeemed in full at $1,044.
DUBLIN, Ohio -- Third graph should read: Based on a preliminary count by the depositary, approximately 22,418,000 common shares were properly tendered
and not withdrawn at prices at or below the purchase price.
As more fully described in the Statement, the total consideration for each $1,000 principal amount of each series of Notes validly tendered
pursuant to the applicable tender offer and accepted for payment on the applicable settlement date and consents delivered pursuant to the applicable solicitation and not validly withdrawn or revoked at or prior to 5:00 p.
The total consideration for each $1,000 principal amount of the Buffets Notes tendered
and accepted for purchase pursuant to Buffets' tender offer will be $1,058.